tv Mornings With Maria Bartiromo FOX Business June 22, 2017 6:00am-9:01am EDT
come on. transfer this is the first time he caught a suspect while dressed in one of his costumes. cheryl: i don't know about you, but if they still wonder woman. >> good morning to you. happy thursday to you. thanks for being with us. i am maria bartiromo. top stories right now 60 on the east coast. the push to repeal and replace obamacare has arrived. big changes at a senate majority leader mitch mcconnell this morning. the president calling out democrats for getting in the way thing both sides should work together to move the agenda forward. >> it would be a beautiful, beautiful thing if we could get together as two parties that love our country and come up with that great health care and come up with that great tax deal for our people and tax reform. just think about what a unified
american nation could achieve. no one could even come close to us. maria: the present renewing his call for immigration reform. he went to be an immigrant friend collecting welfare. congressman steve scalise a special visitor on capitol hill. bought a scion of card after another update on his health. doctors say he's improved to fair condition. once again another grade. tropical storm cindy makes landfall. the threat of heavy rain and flash flooding 2 million. photo looks to rebound today. the lowest level in nearly a year yesterday. today up two thirds of 1%. the broader market in terms of stocks. take a look at stocks this morning. the market fractionally lower. dow industrials down 20 points. nasdaq and s&p 500. as you will see, weaker across the board.
ft 100 the cat around down 100. in asia overnight, as you'll see with the exception of korea up one half of 1%. the motorcycle chain getting into rival ducati. we will tell you about that developing story. tom brady makes another stop on his asian tour. sumo wrestling. check out these pictures coming up this morning. real clear politics national political reporter kevin curie burns. pw partner and people's corp. founder john people's is with us. great to see you. good morning, everybody. >> good morning. the vote is coming next week. we will hear the details of the health care plan today. what are your thoughts? >> i think it's going to be the house version might. the question is will they get
any democrats behind it? >> i doubt the get any democrats behind it. really interesting divisions within the republican party. some senators from states that extend medicaid. others concerned about tax components. trying to piece together the coalition is interesting. maria: former whitewater independent counsel robert ray is with us today and for ceo charles phillips is here, president of the new york stock exchange tom farley plus pennsylvania senator pat to me is here as well. former republican presidential candidate pearly fiorini will weigh in as well. you don't want to miss a moment of it. republicans set to unveil a draft version of their health care bill on capitol hill this morning. cedar rapids, iowa, president trump told the crowd he hopes to repeal and replace obamacare. the president acknowledged when it comes down to actually passing it, republicans are on
their own. listen. >> if we went in god the single greatest health care plan in the history of the world, we would not get one democrat vote because their obstructionists. so we have a very slim 52-48. that means we basically can't lose anybody. i think and i hope we are going to surprise you. i've been talking about a plan with heart. had some money to it. obamacare instead. >> according to a draft, the senate bill would repeal the following. it would repeal of most of the taxes that pay for obamacare, rollback coverage and eliminate federal funding for planned parenthood for one year. it also linked insurance subsidies subsidies to income rather than age.
joining us away from capitol hill, republican senator luther strange alabama. good to see you. thanks for joining us. what can you tell us about the bill in the senate? >> he described it now from what we know. closely held, but that's a good approach. 9:30 eastern time we actually get a piece of paper to review. train to any literature colleague senate majority leader mitch mcconnell and what he's been feeling this morning, do you feel there's more common ground? what's the tone in the senate right now? we know what's taken place over the last five months in terms of the bill in the senate and house. is there, and ground? are you all coming together? >> i think we are. we are facing a disaster. we can't do nothing. we have an obligation to fix the mess. that's the driving force. the american people expect us to act in president trump's exactly right.
that was his promise. we can't just ignore and let it fail. that would be a real, real disappointment. >> along those lines, to get the democrats on board, does it have to fail because we see county after county relays signals a bit of a failure of obamacare. >> it's failing on the ground right before our eyes. no debate about that. frustrating to see colleagues on the democratic side with attacks on the bill they haven't even seen yet. they have no interest in helping us at all. that is focused on planning for all along. our challenge will come together to repeal and replace. train to the insurers come one of the nation's largest insurers, infamous planning to pull out of obamacare exchanges in wisconsin and indiana and were unable to manage the cost signing up for the coverage, so there is that.
putting the dems aside, "the wall street journal" today reporting at least six senators uncomfortable with what's in the bill. republican senators. >> well, it's been a long debate. now we are at the end of the road. we have to make choices. i can tell you i'm interested in conservative principles. that's what i'll be looking for in the bill today, so i'm hopeful and optimistic we will come together. >> i'm a business owner and this has been an issue since the day it started. we do business in nine cities around the country. every single one of them go up 20, 30, 40% of the coverage has dropped. right now i will have an operation next tuesday and i will have to write a check for
$24,000. many of my employees can't. what are you all going to do about these absurd costs because in reality there's not much insurance. policies keep going up in benefits keep declining. >> i appreciate you saying that. premium increases high deductibles a top priority. i'm interested in health care. not just an insurance policy that doesn't provide anything. i've been in the same boat weren't paid tremendous amount and i can afford it. trying to do the right thing now has a premium in their mortgage. that is unacceptable and if we don't address that, i don't think you will have widespread support. >> senator, caitlyn huey burns here. are you waiting to hear the senate vote without that and what kind of assessment would that mean for you in terms of your support? >> i'm highly lit a skeptical that the cbo scores based on
their record of success or lack thereof in the obamacare debate. i am going to be more adjusted to hear from the citizen and at least able to pay the most vulnerable in my state before you make any final decisions. maria: how do you feel about tax reform if we see about for health reform next week. how do we feel in terms of the common ground on tax reform and cutting taxes later this year? >> i think we are much more common ground on tax reform and health care. i heard more about that in regulatory reform than just about anything. those are the major items i hear about from citizens of my state. that is a big challenge to come up with tax reform. there's a lot of work behind the scenes that's why i'm glad we are having this debate come to a head. we've debated this to death. we need to announce them together.
maria: what do you think is the most important priority when it comes to tax reform? congressman peter king said my most important issue is the elimination of the deduction on a person's mortgage. is that something i can agree with in terms of taking away the deduction? is that a no go in terms of deductions are were portrayed? >> my priority is to simplify the vast majority throughout the country who want to file complications. the second overall priority is to make sure we do everything we can to incentivize growth. economic development has been a critical factor in my state and is not geared at the moment to encourage that. maria: that means the border adjustment text from your standpoint? good to have you on the program this morning. thanks so much. joining us from alabama. coming up, residents bracing for
flash flooding. isolated tornadoes. the weather has claimed the life of a 10-year-old boy. we'll tell you what happened there. u.s.a. raising nearly $2 billion in an ipo. wall street's second-largest ipo of the year after snap. but it means for the cable industry and market coming out. back in a moment. ♪ i love getting more for less.
that's why this control enthusiast rents from national. where i can skip the counter... ...and choose any car in the aisle. on average, four out of every five rentals at national is a free upgrade. getting a full-size and paying for a mid-size? ♪ whoa, oh, whoa, whoa, lovin' every minute of it... ♪ as the boys from loverboy so eloquently noted... i'm lovin' every minute of it. go national. go like a pro.
maria: welcome back. tropical storm cindy making landfall in louisiana possible for the death of an alabama boy. cheryl casone with the details. >> really in the season for this type of storm. the boy died yesterday after being struck by a log that washed ashore by the storm. national weather service phoenix could cause life-threatening flash flooding across several states in the south. 50 miles per hour dumping as much as nine inches of rain along the panhandle. alabama and louisiana declared a state of emergency in a tropical storm warning in effect all the way to the alabama florida border as of last night. another headline for you. cable company ltc u.s.a. delivering the biggest u.s. telecom ipo in 17 years.
shares are priced at $30 apiece according to the journal which race $1.9 billion overall. stocks will begin trading today. the company valued at 20 billion. we should say they have slumped this year. at&t down 10% year-to-date. verizon down about 15% year-to-date. expect to see new emu juice as unicode releases that the six new ranging from t. rex, a mug as a people is ranging skin tends to bring the total to 239 variations over all. i like the quiet one. people say that all the time. they would not make the images available. we will be on your iphone yet. don't send me the outline. >> the world has completely changed since the introduction
of the iphone. in 2006 or 2007. that's it. >> how fast times goes. picking a replaceable object. maria: the story of the table today. you've got the opportunity to get legislation done this year. were you encouraged by what you heard? >> we talked about this before on your show that the senate has to deal with health reform and tax reform this year to get a fighting chance of getting it done. what it sounds like is the senate is prioritizing the tax reform they will take on in there at issues. they will have the care without water along with the health care water. maria: for sure. >> the tax deferred to help jinping one thing for the other. the coupling a little bit if they can get couple of.
>> that's why you sense from senator strange the idea we have to get this done as quickly as possible. they go home for august recess where they will be facing constituents to explain what they've been doing, what they've been up to and this will give them time to get organized. maria: the question i was asking yesterday is do you think voters will remember the obstructionist come 2018 when voters say they stopped the agenda that i wanted from getting executed. i'm not voting. >> it depends. i think people are willing to give this administration and republican congress a little bit longer of a leash. we saw that reflected in the special election. we are not ready to issue after rendering just yet. we can't really predict what they're going to do. if they return home with nothing and during the mid-term that will make it a little more difficult. maria: a see about that.
next to the take-up market. the commodities leading to the lowest level in nearly a gear yesterday. the journal calling bear market territory down 20%. we'll today at 233%. the impact on broader markets next. the new wine scented deodorant just for the summertime. yes, this is really happening. back in a minute. ♪ vanilla ice, ice, baby ♪ vanilla ice, ice, baby ♪ ♪ here comes the fun with sea-doo starting at just $5,299 and up to $500 rebate visit sea-doo.com today
will you be ready when the moment turns romantic? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis. thithis is the new new york.e? think again. and get medical help right away. we are building new airports all across the state. new roads and bridges. new mass transit.
new business friendly environment. new lower taxes. and new university partnerships to grow the businesses of tomorrow today. learn more at esd.ny.gov [ intense music playing ] ] it's here, but it's going by fast. the opportunity of the year is back: the mercedes-benz summer event. get to your dealer today for incredible once-a-season offers, and start firing up those grilles. lease the e300 for $569 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing.
year. joining us now is the chief strategist at belle plaine asset-management david nelson. thank you for joining us. your thoughts on what has happened with oil. >> we understand today this is a secular issue. it's not typical anymore. in the past heading south. technology is just simply change them. you're in the united states to think oil could fall and you have some companies out there able to be profitable as low as $30. >> would you invest around this theme? >> are not invested in the oil patch. they talk about value. i don't find value at 23 times earnings falling revenue earnings. not my space. everything else is doing well. cheap oil is actually a good thing. technology obviously is a place you have to be.
financial timmy is my biggest overweight. the reason is not only rising interest rates, but we don't need congress to have financials due out because a lot of what can happen, rolling back dodd-frank is by executive order in the 30 have been. >> this success has been mentioned. >> no question about it. the appointments of the commissioner that came implement the policies. so let's talk supply and demand for a second. a lot of rhetoric has been in abundance, but it's a really structural to your earlier point that we have lower demand. >> we are over the tipping point. the only difference between the left and the right is i don't think you have to subsidize it. let the market forces play out in alternative energy will be very efficient. supplies the biggest issue.
opec is a cartel like structure able to dictate. that's effectively it. even the saudi's understand that. they are trying to rid themselves off oil into the future. >> in terms of political turmoil, how does that weigh into energy cost? >> washington is toxic. it plays out on social media pages. people throwing political or hand grenades across the oil. and shooting your neighbor's job at the 45. with their friends and neighbors. last week was a promising point. we had a really tragic event and for the first time in a long time, both the left and the right come together and there is a spirit of bipartisanship. i thought nancy pelosi and paul ryan together. here we are a few days later. >> that was then.
how focused are you? people are not waiting for congress but when it comes to tax reform, lawmakers say what are you looking for and do you expect congress will act on this? >> i think it will act on it. right now they are focused on a package. they've got to get that through. if they'll attack tax reform, that it's going to take years. start off with the corporate tax cut, repatriation with a partisan support. that helps fund the infrastructure donald trump was talking about. also talking about public private partnerships. to me that's critical. you have to put that in the private sector if you want it to work. maria: is your bid on markets? are they higher or lower? >> generally on tv if it's
pointing out you say it's going higher. right now a lot of strategists by the end of the year. markets seem pretty was alien. i think we've had a massive correction going on but it's underneath the surface. >> i'm still overweight air. we still have tech. >> david, great to see you. coming up, the fbi is investigating a police officer stab at an airport. the suspect as allahu akbar during the attack. we'll tell you about it. harley davidson. not to acquire ducati. straightahead. ♪
listen up, heart disease. you too, unnecessary er visits. and hey, unmanaged depression, don't get too comfortable. we're talking to you, cost inefficiencies and data without insights. and fragmented care- stop getting in the way of patient recovery and pay attention. every single one of you is on our list. for those who won't rest until the world is healthier, neither will we. optum. how well gets done. the only bed smart enough to change sleep as we know it. it senses your every move and automatically adjusts on both sides to keep you comfortable. and snoring ? ... does your bed do that? right now save on sleep number 360 smart beds. plus, it's the lowest prices of the season with savings of $500 on our most popular p5 bed.
when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and.
great in arabic. the fbi is investigating this as an act of terrorism. listen. >> time will tell over the next several days whether anyone had any knowledge of this but at this time we view him as a lone-wolf attacker. suffice it to say, he has a hatred for the united states and a variety of other things which in part motivated him towards coming to the airport today to conduct this act of violence. maria: the 49-year-old suspect a dual citizen of canada and tanasia and joining hues senior policy adviser for the extremism project terra miller.
>> thanks for having me. maria: your reaction while -- of what took place? >> comes in the heels of attacks overseas. fortunately it seemed the initial phase of the investigation showing that this is a lone-wolf most likely but we have seen the individuals radicalize rather quickly and most likely the individual radicalized on his own perhaps through online materials and may have been inspired by terrorist groups but troublesome regardless of if he self-radicalized or radicalized via contact with individuals from a terrorist organization. maria: that's what we are all trying to get our arms around caitlin huey-burns. you the lone wolfs, obviously
this guy is from canada, what do you see? >> it's how do you deal with domestic terrorism and this idea that can happen anywhere any place no matter the kind of security that you have, how are these people getting radicalized, the cyber element i think is really important. how these people are making contacts with these terrorist groups and what the technology communities can do about it. how they're getting involved or not. maria: that's a good point because it's tech week at the white house, tera, what are you expecting in terms of technology companies, liabilities or participation in helping to stop this? >> i'm really glad this point was brought up. the technology companies have a huge role to play and to date we have seen a lot of rhetoric. my organizations have been
pushing them to do what they do on child pornography. software that filters pornography and this can be done with terrorism as well. there's technology created by dr. hanney and i think the momentum is building now after a series of attacks where on loon radicalization played a role. you see people getting upset about content online. advertisers have pulled money in places like youtube, for example, because ads were running for problematic content. i hope the administration will push the technology companies on this. it's going to take government pressure and public pressure to get them to start on this issue. >> tera, don pebbles, don't you think also that, one, that this
was a person who came illegally, and the people that come to the country legally are creating acts and mindful but aren't we in the media, you know, continue to by covering this and continuing to cover this during this 24-hour news cycle, are we contributing to this increase in terrorist acts specially domestically here? maria: by giving them a platform, you're saying? >> yeah. >> we are giving them a bigger platform than they might otherwise have. part of the attack process is the propaganda value, they can carry out attacks and do them in various locations but at the end of the day it is news that the terrorism attacks happen, you cannot cover, for example, the london bridge attack that just occurred. you cannot cover the manchester bombing at a concert. these are high-profile terrorist events.
i agree we need to take a pause sometimes. not necessarily jump to conclusions and i also agree that the coverage needs news, copycat for individuals who may not have been thinking of doing this imminently and lots of drivers that might catalyze this individual that just came to the u.s. recently. maria: tera, let me ask you about the taliban, released two americans and australian captive. look at the video. abducted the american kevin king and the australian timothy weeks outside the university of afghanistan in kabul where they both worked.
what should the u.s. do about this? >> hostage cases is one of the most hostile cases and there's been significant amount of improvement in terms of working with family in coordination with fbi and cia and law enforcement officials. we brought in our policies but these are difficult cases, there are special options on the table, in this case, i believe, one failed under the obama administration and those comes with substantial risks not just to the u.s. forces but to the hostages themselves. there's potential agreements or negotiations that can be made behind the scenes, ultimately you need to bring in the key players and you need to be open to having these conversations, difficult conversations. the case in afghanistan is -- those are two examples, five americans being held hostage in afghanistan, most taken by the haquani network which is a component of the taliban and the u.s. probably behind the scenes is working with pakistani
partners but hostage cases are some of the most heart-breaking and difficult cases because of the nature of it and we don't necessarily know the location. maria: when you say one failed, are you talking about the iran deal, where the u.s. paid iran in cold-hard cash in brown paper backs and we got hostages released? >> no, in this particular case i believe there was an attempt by the obama administration to try to rescued the two that had failed and press pointing that as an example and we saw that with the caitlin mueller case where there was attempted rescue and difficult cases an more difficult than forces raids to kill leaders because you want to preserve the life of the hostage and you don't want the raid itself to trigger the death of someone being held. maria: great insight, thank you so much. coming up, bono honors steve scalise. heads to capitol hill, he met
company's deal section. takes on major competitors like amazon, target and wal-mart. bono on capitol hill yesterday to meet with members of representatives of steve scalise's office. >> the meeting after bono paid tribute to scalise in youtube concert. bono signed the get-well card for the congressman and capitol hill police officers that were injured in last week's shooting in baseball practice. scalise's condition has been upgraded from critical to fair. cristal greiner who was injured at the shooting threw out the first ball, there she is, of course n her wheelchair.
she's recovering from gunshot wound that struck her in the ankle. harley davidson is thinking of entering in the race, the rival has been put up for sale by the owner which is volkswagen, acquiring takati will give a well-known brand in europe and accompany harley famous tour bikes. if you like a smell of wine, why not smell it all day. a company is selling rose wine deodorant. this is for summer. the box also has mimosa and sangria. let me discuss that with friends. rose.
maria: i like it all day. cheryl: you want to smell like a mimosa. maria: why would i want to smell like wine? i'm just saying. [laughter] maria: thank you, cheryl. coming up jerry jones meets pope francis why the catholic church leader told the cowboys owner. well, what they said, back in a minute i accept i take easier trails than i used to. i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. but no matter what path i take, i go for my best. so if there's something better than warfarin, i'll go for that too. eliquis. eliquis reduced the risk of stroke better than warfarin,
plus had less major bleeding than warfarin. eliquis had both. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily... ...and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. i'm still going for my best. and for eliquis. ask your doctor about eliquis.
maria: welcome back, tomorrow's stars beginning journeys tonight. nba draft from berkeley center in brooklyn. jared max with what to expect, jared. jared: generally in sports we ask who is number one but in tonight's nba draft the question is who the number three. the four-gone conclusion, the first pick in the draft will be merkel, coming off freshman year and will likely be taken by the philadelphia 76ers, the los angeles lakers select second. one of three picks they own in first round and all indications the lakers will take lonzo ball out of ucla. ball has had multiple workouts with the lakers. the question is who will be picked third. he believes the player the cellics would have taken will
still be at number three and that's why he was comfortable to swap picks with philadelphia. sack -- yesterday mark the night of postseason awards in the nhl. mcdavid the biggest winner. finished a 100 points and oilers made playoffs and outstanding player and took home the grand prize, the heart trophy as the nhl's most valuable player. >> i'm so proud to be an oiler and proud to play with the guys. i can't thank you enough for coming and being here with i love you guys so much, mom, dad, brother, thank you so much.
jared: only third player to win the trophy before turning 21. the future looks good for connor mcdavid. strong, 20 year's old. continuing on a path and poised to be an all-time great. so we take a look at some of the other big awards handed last night at t-mobile arena. he won jack adams award. did you see what this year's profootball hall of fame is up to. some are hanging out in vatican city with pope francis. jerry jones was joined by the fellow inductees and fall of famers. franco harris, chris doleman, jim tai her. so they presented hope francis
with a hall of fame jersey and a gold helmet and they got a viewing to have systen chapel. we had him in his audience on behalf of the game. don't get to do that every day. maria: i love that and i love to see him try to put the helmet on. maria: very cool. we have been showing pictures of tom brady in japan. good pictures. a photo of himself and his son sitting in the middle of sumo wrestlers. another facing off with his son in sumo ring and he was in china this week. what do you think about this, jared. jared: one of the coolest sports photos. even though we are seeing this now, doesn't it seem to have iconic look to it? maria: it does.
jared: 50 years this photo might still be around. why not? somebody he paid 20 bucks to pay a photo in times square. maria: who wins in a battle between tom brady and the sumo wrestlers? >> the sumo wrestler. jared: i don't want to deflate the story but i would go with the sumo wrestler. deflate. come on. [laughter] maria: seriously, he's there in china, does this push the push to bring nfl to china h. he said the other day he wants to play in asia. >> we know how large it is here. we have addiction with the nfl and i'm sure there's other parts in the world that do as well. it's gone into london. we have the annual games there but here he's doing the tour for under armour, recovery special pajamas but he's having fun than any of us could imagine and really spreading the nfl, i
think, around the globe. who better to do that in the nfl than tom brady. maria: he's the embassador. >> makes sense. jared: yeah. maria: jared, thanks, jared max, catch fox news headline 24/7 or check it out on siriusxm 115. we've got it. whether he tell you what auto maker claimed the number one spot, next hour right here in mornings with maria.
maria: welcome back. good thursday morning, everybody. thanks for joining us. i'm maria bartiromo, it is thursday june 22nd, top stories right now, 7:00 a.m. on the east coast, moving forward on repealing and replacing obamacare. president trump promising major campaign at rally saying he we wanted to add heart to the plan after mitch mcconnell on reveal of details on health care this morning. former homeland security jeh johnson testified before the house intelligence committee saying that the alleged russian hacking had no impact on the
vote but said that more needs to be done to protect the country. >> last year's very troubling experience highlights cyber vulnerabilities in our political process and in our election infrastructure itself. we must resolve to further strengthen our cybersecurity generally and the cybersecurity around our democratic process specifically. maria: new questions are arising this morning about robert mueller as another one of his hires was a democratic donor, what that means for the investigate coming up. secretary of state rex tillerson thinking a resolution in the qatar crisis. details on his plans coming up. what is next for uber? the company replacing a board member now as the ceo search ramps up. how uber will look to move past this brand crisis with no ceo, no cfo and no coo currently. parents check your car seats, recalling another 200 car seats
over choking hazard risks, we have the details. you can't beat them, join them. what's nike doing, the company will start selling sneakers on amazon for the first time ever. futures indicating markets fractionally lower, mixto lower beginning this morning is what it looks like. nasdaq also in the lows but still negative by 2 and a half points. in europe indices are mixed. we did have gains a minute ago in dax but also turned negative. ftse is down a third of a percent as the cac quarante in paris. in asia overnight markets mostly lower tat close. the one winner was kospi in korea. all the stories coming up and joining me to talk about it real clear politics political reporter caitlin hueh-burns and john pebbles. great conversation. >> thank you. >> action packed. maria: look, i can't believe the
time has arrived. do you think we will see a vet on the health care bill next week, caitlin? >> i think we will see it because mitch mcconnell is a top strategy, i don't think he will continue on with the process without having the votes. that will be the big thing, right f he actually put this is to the floor, that will show that he has the votes. if he doesn't, that shows that there's still division that is remain and will then put the rest of the agenda influx. maria: the democrats when they want to get something done, they all get on the same page. they must have a conference call first thing in the morning. here is what we are going with, here is where we are going and they all get in line. republicans stand on principle and will not agree. >> they dig their feet in. >> sometimes, look, that that results in a better product. i think the fact is that the united states senate should be a deliberative body with different sectors of ideas and come to
work together and i'm confident that at least 50 republican senators will vote for the health care reform bill and most likely 51 and, look, without any democrat support. that's a simple reality and that's the reality that obama attempted to operate under where he had to hold democrats because he wasn't going to get much republican support. that's why he was so aggressive executive orders and trump ought to be nor aggressive using executive orders with financial reform and other areas to keep momentum going. maria: that's all he can do, really. joining the conversation charles phillips is here. pennsylvania senator is with us and thomas h. lee partners co-president scott is here. talking about investing in private equity and carley fiorina will weigh in as well. we kick it off this hour with our top story, republicans are
questioning the objectivity of robert mueller's investigation into russia's alleged meddling. mueller reportedly hiring lawyer elizabeth who donated to both barack obama and hillary clinton's presidential campaigns according to federal election commission records. cnn is reporting that she is one of 13 investigators to have donated better than $53,000 to democratic campaign since 1998, this comes at jeh johnson testified that russian meddling impacted the election. listen. >> in 2016 the russian government at the direction of vladimir putin himself orchestrated cyber-attacks on our nation for the purpose of influencing our election. that is a fact plain and simple. i know of no evidence through cyber intrusions votes were altered or suppressed in some way.
maria: joining us right now former whitewater independent counsel robert ray. what's your take? the number of democratic donor that is are involved in this investigation, add that on top of all of the credit imthat robert mueller used to report to jim comey, that was his boss, is there too much conflict of interest here? >> i don't know about that. how about a history lesson. remember in the former days of independent counsel when the special division of u.s. court appeals appointed independent counsels all appointees were republicans the idea being that who better to investigate a democratic administration but a republican, why? because the public could only come to accept that it was a full and complete investigation where no stone was left unturned. if you have the other party responsibility for doing the investigation. now the problem with that is
that you wonder about independent counsel investigation straying far from initial mandate. it's not surprising to me that she would have democrats and republicans as part of an investigation and frankly if you had to tip one way or the other, you probably would tip in favor of having democrats involved in an investigation so that nobody would question later on if they decided not to bring charges that the investigation wasn't a full throttled investigation. maria: will this investigation cover things like loretta lynch having private meeting with president clinton and telling jim comey to call it a matter and not u an investigation, would they be equip today cover that an snl. >> they should be. look, he's got a sufficient mandate to take things where they should go. again, i think democrats probably are wondering be careful what you ask for, anybody should be careful what
you ask for when you put a special counsel in place because where you think it might go isn't necessarily where it might go once completed. >> look, the president should invite this kind of thing because on one hand it presents some possible liabilities, of course, on the other if the results come out that he did nothing, it would be difficult to challenge it and we could down the rabbit holes, i wonder how long this will go on? >> i said from the very beginning, i don't know if anybody is listening but there should be great amount of pressure for this investigation to, you know, conclude with its substantial work at least over before the mid-term elections. in past practice that has been unrealistic hope where independent counsels with a fair amount of criticism lasted way too long, costs way too much money and obviously hung over in
an administration to the detriment of the country and i hope that we don't get into that type of situation here. it is truly a case after a full and fair investigation that there's not evidence of russian collusion, you know that needs to be said. it needs to be said in a timely fashion so that the political process can deal with the consequences of that and frankly in fairness to the trump administration, it should be brought to a close if it can be before the midterm elections because that's probably in the country's best interest that that occur. >> yeah, i would think clearly in the country's best interest for us to get to the bottom whether or not our election -- our presidential election was tainted or not. >> right. >> so as a country can move onto governing. the challenges without that kind of closure in a rapid manner, what would -- what do you think would take so long? why would this investigation given all the data and information already available, why would it take so long?
why couldn't this be wrapped up in 120 days? >> one of the reasons that historically investigations have taken so long is because the targets of the investigation obviously have obstructed it, you know, in the clinton era it appeared as if the white house counsel, the justice department, everybody, the administration itself was aligned to prevent independent counsel investigations from really getting much traction. second thing is just an ordinary criminal investigation if you have to start at the bottom and start your way up through witnesses in order to gain cooperation and bring prosecutions in order to encourage others to provide the information they would not otherwise provide. that takes time and, you know, the flip side of that also is if you don't have traction in the criminal investigation at least in my experience within about 18 months to two years, the
likelihood that you'll ever get traction is considerably less. that's why for all the reasons about ordinary criminal investigations and also investigation conducted in a political climate, it's important to get results and get them quickly. >> robert, i want to go back to something you said earlier about putting pressure on the process to be speedy. >> right. >> could that pressure be politicized as interference and we start this whole new parallel -- >> well, sure, and the trump and the president himself probably, you know, in retrospect engage in clumsy effort to do this and the president has pushed back, he's pushed back against the former fbi director, the minute you do that, the first -- everybody is going to ring the obstruction of justice bell. so it needs to be carefully and artfully done but there's nothing wrong with the president and the administration pushing back as they have and they'll get better at it and they have to say, hey, listen, if there's
no there there, this thing needs to be brought to a swift conclusion and there's nothing wrong with, you know, applying public sentiment or trying to direct public sentiment toward a fair conclusion to the investigation if that can be done. maria: that's why i think he was fired. i think president trump said basically on three separate occasion that is i wasn't under investigation but you never told anybody else. everything else leaked except that i wasn't under investigation. james comey just wouldn't do it. >> look, that's a tough place for both people to be in. i think a fair-minded view of that is that neither man was necessarily wrong but, look, the president is entitled to have an fbi director that he thinks he can trust. that's the decision he made. a lot of people don't like that. i think there was a lot of hyperventilating over the fact that that constituting obstruction of justice which i
really don't think it did but that's what the special counsel investigation in part and among other things have been commissioned to look at. he'll look at it. maria: all right, we will leave it there. robert ray joining us there. warning for parents, recalling thousands of baby car seats for choking hazards. the modelses affected coming up. why the sneaker giant is reportedly ready to start selling merchandise on its website, back in a minute. ♪
in the meantime owners can contact the company (833)474-7016. all right, for the second straight year, kia driving to the top of the auto industry's quality survey. kia number one in the ej power survey. ford was the top u.s. auto maker and they came in at number four and secretary state tillerson say saudi arabia and allies have come up with a list of demands for qatar this coming after the state department pressed those countries to lay out reasoning for delay in qatar and saudi arabia and uae cut diplomatic relations of qatar accusing the country of funding terrorism. maria: i'm glad you brought it up. probably one of the first major divisions with the gulf state that is we have seen since the
creation of this partnership there and the u.s. hasn't really weighed in cig -- significantly. your thoughts? >> they have lines for food. maria: highest per capita. >> their big investors in the u.s. i actually met with the former prime minister of qatar. met him in qatar of 2009, they are very probusiness and very prou.s. business and investing in the u.s. and he since leaving office has been a major investor and major new york city developments here and los angeles, they were the spear-headed financing for city center in washington, d.c. so i think that their economic interest in washington, d.c. and
the country has insulated them from the scrutiny that a country like this would normally get from the government. maria: he has been on the program and i know him as well and the issue here is does qatar support terrorist funding through the relationship with the muslim brotherhood and -- and are they doing that in indirect manner? that's what the gulf states are saying. a big investor in the u.s., i know that, yeah. >> if they do support terrorism, then they should not be allowed to invest in the country, should do what it says and mean what it says, we should not have any relationship with any countries that support terrorists. maria: we have the largest military base in qatar. >> rex tillerson trying to the diplomacy angle while donald trump as president is going hard on qatar.
maria: we will see where this goes. coming up the battle over health care, the senate ready to unveil its plan to repeal and replace obamacare. what hospitals to see on this legislation. we will talk to tom farley. what else could be on the horizon. back in a minute i needed something more to help control my type 2 diabetes. my a1c wasn't were it needed to be. so i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating what's within me
with once-weekly trulicity. trulicity is not insulin. it helps activate my body to do what it's suppose to do, release its own insulin. i take it once a week, and it works 24/7. it comes in an easy-to-use pen and i may even lose a little weight. trulicity is a once-weekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. trulicity is not insulin. it should not be the first medicine to treat diabetes, or for people with type 1 diabetes or diabetic ketoacidosis. do not take trulicity if you or a family member has had medullary thyroid cancer, if you've had multiple endocrine neoplasia syndrome type 2, or if you are allergic to trulicity. stop trulicity and call your doctor right away if you have a lump or swelling in your neck, severe pain in your stomach, or symptoms such as itching, rash, or trouble breathing. serious side effects may include pancreatitis, which can be fatal. taking trulicity with a sulfonylurea or insulin,
increases your risk for low blood sugar. common side effects include nausea, diarrhea, vomiting, decreased appetite and indigestion. some side effects can lead to dehydration, which may make existing kidney problems worse. once-weekly trulicity may help me reach my blood sugar goals. with trulicity, i click to activate what's within me. if you want help improving your a1c and blood sugar, activate your within. ask your doctor about once-weekly trulicity. won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation.
switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance. maria: welcome back, the health care battle comes to a head today and next week, senate republicans are set to unveil a draft of the health care bill this morning on capitol hill. president trump held a campaign
rally last night in cedar rapids, iowa where he told supporters what he hopes to see in that bill, watch. >> they guaranty anything but i hope we are going to surprise you with a really good plan. you know, i've been talking about a plan with heart. i said, add some money to it, a plan with heart. maria: the bill reportedly will roll back obamacare taxes provide bigger subsidies for lower-income americans. i want to bring the ceo of infor charles phillips. your company runs more than 70% of the data from the nation's hospitals. you are watching with 70% of the hospitals? >> that's correct. we do a lot of the operational systems in the hospitals so the clinical and immigration systems, the financial aids, all the business operations of a hospital. maria: where you sit, what do you want to see from the health care bill? >> i want to preserve the mandate to invest in technology so the good thing about the aca
enforce people to adopt medical records and codify diagnosis so we can know exactly what happened to the patient and handle big data for hospitals and those will last for days to come. >> as margins get tighter in the industry for a variety of reasons, is there wallet -- hospitals to spend in investment technology because sometimes that's a big capital outlay to invest in systems? >> that took a lot of money but they are finishing the projects now. they are moving onto more technologies, instrumenting the patients, doctors with sensors so we know where people are in the hospital and do something called care path analysis and we are getting much more advanced. that probably wouldn't have happened if it hadn't been for the mandate in technology. maria: we are expecting 20 million people not to have health care, if that happens, do hospitals feel the squeeze, what
do you think the impact is? >> if you don't have a mandate, you don't have coverage, they end up treating people anyway in the emergency room, they don't want to see that happen. if people want to get treated, you want to see people be covered. maria: let me switch about the technology that's going on at the white house, a number of executives going to the white house and talk about modernizing the infrastructure of technology in government, can it be done? >> we've had this conversation every five years within federal government. they have a lot of installed legacy system. it's like moving a carrier ship, it just never quite happens. based on the last 25 years i have been watching this, it really doesn't. maria: why? too burr -- bureaucratic? >> i know that president obama focused on bringing technology and bringing our government to current times.
so what could be done if you were running it? what would the first two or three steps of a accomplishment be because it can be taken, you know, a couple small bites, right? >> one of the reasons t difficult for federal government is because they have security, it takes years to get certify to sell to the government. i would lower that. cost too onerous and i would accelerate move to the cloud. amazon cloud is what we use, i would move those agencies there to get them out of the ip in business in general. >> on the cloud topic, is the government comfortable with being on the cloud because that's where the technology world is going and i worry about leaks and data security and hacking and all that happening and is the cloud secure enough for the government? >> three years ago that was a big concern. now i think the mentality has completely shifted. we are moving intelligence
agencies to the cloud right now. so they are believers. it's actually more secure than what they can do on their own. all the breaches you hear, is they don't have expertise. they have thousands of people who do this every day. it's much more secure. maria: when i first met you, charles, you were an analyst covering oracle and leading analyst covering oracle. this stock is up 10% this morning. but in general, you're seeing software continue to really be a leadership area within technology. >> thank god. maria: tech stocks are on fire again. what's going on? give us your take on what's going on within software technology and why some areas are hotter than others? >> so i think what's happening is all the excitement we saw around uber and airbnb educated people that new business models were being created. if i don't do something i could be in a bad position.
you hate to see that happening to companies and industries but from our perspective people start investing in technology. they want a new business model and connect with suppliers differently, engage with customers differently and the biggest deals that we do is we give people a new idea they didn't think about before. here is something you should be worried about. that's what they want. tell me what i should be doing. they don't know what. our job is to give them fine ideas. maria: in terms of changing the business and growing, where is the growth in tech right now? >> we are seeing a lot of supply chain protecting manufacturers, so it's pretty pervasive right now. maria: we will leave it there. charles, great to have you on the show. charles phillips joining us there ceo of infor. staples share after reportedly in talks to acquire office supply giant. how much the deal is expected to
be worth? the new york stock exchange with debut for meal start-up blue apron. back in a minute. we're on to you, diabetes. time's up, insufficient prenatal care. and administrative paperwork... your days of drowning people are numbered. same goes for you, budget overruns. and rising costs, wipe that smile off your face. we're coming for you, too. for those who won't rest until the world is healthier, neither will we. optum. how well gets done. thithis is the new new york.e? think again.
we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. .. .. learn more at esd.ny.gov (upbeat electronic music) ♪ i'm living that yacht life ♪ life, life ♪ top speed, fifty knots life ♪ on the caribbean seas ♪ it's a champagne and models potpourri ♪ on my yacht made of cuban mahoghany ♪ gany, gany, gany, gany
c1 good morning welcome back everyone. it is thursday, june 22. your top stories right now at 7:30 a.m. on the east coast. present trumpet will host some of the top minds in technology at the white house this afternoon. the meeting as part of is part of the administration's tech week. the shares for the price. the biggest ipo of all time. just will will they make its debut. we are watching oil prices. some better 20% this year.
the dow jones industrial is down about one point here. with the exception of the dax index. it's down one third of 1%. in asia overnight with the exception of korea. a popular name is being floated to replace the uber ceo. the big month continues for amazon. the retailer has reached a deal to sell nike shoes. and staples is a name to watch this morning. what a deal will mean for the future of brick-and-mortar in the tiny sector.
there's the initial public offering. raising $1.9 billion in the deal. the second largest ipo of the deal. we are doing our part for tech week. a big group coming to watch the stock open is my favorite kind of day. it's always exciting to see that. that was a big deal of the day. the world was watching. how important is it for you to get these big names that they want to go to the new york stock exchange. for them to have their ipo working.
we had two today. with another company i start a great innovative ceo. we actually had too. and when i see a day like today i get excited generally for the economy. civic you secured the listing for blue apron. is also going public. i can't say too much just because the ipo will be next week. substantially all of the large ipos come to the new york stock exchange. the reason is when we open the ipo today the combination of human and technology will be observable on the floor and that helps make sure that it is really smooth. low volatility. it is kind of our specialty.
for a little while you were seen a little dirt going on. as i great year but it is a good year. we only did 38 the entire year. last year we raised 13 and change the entire year. this is a much better year. prices are at all-time highs. the stock market indices are at the all-time highs. interest rates are stable. are stable. what does that tell you about the market. if you have a company that wants to go public. what does it tell you that the market is stabilizing.
just broad-based confidence in the market. more than any other year that i remember it's a very broad base. the one industry that i'm a less object -- less optimistic about his oil and gas. now that is at $43 per barrel that has really our pipeline has really dropped off. i can imagine. this is what everybody is waiting for. it's ultimately going to choose the new york stock exchange. where do things stand on that listing.
with respect to the listing imac and a talk about it as you may have imagined. all of the world's largest oil and gas companies. they ultimately list them on the new york stock exchange. we head over $3 trillion of market cap for those listed on the new york stock exchange. we are going to knock on their door. we are going to compete for that. there were reports that the president convinced the saudi's to list of the new york stock exchange. is that true. that would be a big deal for you.
i'm sure he would be a great listings at rap but that's above might pay grade. i won't comment on that. there is no volatility. it's one of the issues of her -- for them. what do you think is behind it. what you think of volatility is such a big deal. a big deal. at the moment is really kind of priming the pump. it had been really dormant for two years. the low volatility is contributing to that. ultimately higher volatility will come back. i came on your show probably a year ago prior to the election and i actually can decide all things being equal -- equal i will not prognosticate.
as long as it's not wild you get more volume. they are under $7 billion per year. in referring to shares per day throughout the united states. the business matter is better when volumes are high. but for society if they are 7 billion and change. it's really not too big of a deal. what kind of sentiment are you feeling from them at this time. in general business sentiment is fine. they still are very eager to see tax reform in this country.
there is still a sense of optimism that it will get done but there's also that optimism that is less than it was six months ago. and the second thing they bring up is there still a sense that it's a little bit too painful. there is three or 400 class action lawsuits per year. those ceos are trying to do with that. they have greater and greg -- greater and greater regulation. those are the two twin issues that they come to me with. can you make it a little simpler to be a public company. the president present has had the most success i would say so far in this term by rolling back through these executive
orders. how well that affect business do you think. one of the themes i do pick up on his even without acts of congress there has been less new regulation over the last six months than the prior year. next week i am testifying in congress about some of these issues. even with some of the new appointees at the sec. the idea is that we need to be a strong regulator. we should do what we can in order to help business because that's the lifeblood of the economy. that is a newer view and hopeful view that i've heard out of washington.
we discussed some of the red redtape and implications of that and how much the has gotten in the way of growth. with some very specific recommendations. the benefits are great. one we can have more ipos. within the last ten years is pretty good. we haven't had a -- three and hundred 50 ipo since then. we constantly need to be asking how can we improve our u.s. capital markets. the talk on tuesday will be the position of the u.s. capital markets. give evidence just by saying look at the number of companies that don't want to go public.
i think the pendulum is swinging back a little bit. there has been press reports about bona fide. it's a difficult situation. literally a tragic situation. the public markets bring discipline to accompany and they bring very early on in the first earnings call. i think one of the lessons from this difficulty will be the public markets are more attractive than we thought. we will be watching that one. we will be right back.
into a new deal with amazon. it is powerful. if you can't beat them join them. the largest online retailer. they may have finally given in and will sell its products directly on amazon.com. it would undermine the brand but the company with its shoes, apparel and accessories are already sold. that pusher -- purchase the products. selling directly on amazon and it eliminates the extra layer. the deal could hurt department stores. among others close before between four and 5% lower. $2.23.
is going. retailers in huge trouble. the high cost of bricks and mortar. it makes them uncompetitive. and it is wrecking havoc in the real estate market right now. for real estate company amazon acquiring whole in the sun acquiring whole foods is a negative because he does have to consolidate. warehousing especially around urban centers is very strong. that is the future of the real estate business. retail rents have plummeted in new york city. whereas a space going. when retail moves out of the mall and a complex and you see
this firsthand in real estate does that space easily go to another industry or are you sitting on it. you are seeing a lot of urgent care places in the suburbs because that is a critical need and hospitals are going wide that way. huber tries to steer away from controversy. what they can do to clean up their image back in a moment. ♪
your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance.
seven different scandals. it was named one of the most powerful pr firms in america. great to see girls. thank you so much for joining us. you built a great business. and when you see things like the situation how would you respond. if it were and they were looking at you for help what you do. experience matters. we have certainly learned a lot in the 25 years. i think he has had a big meeting on tuesday and he realize this is the best thing for the company going forward. and putting some put in some firm leadership in place going forward. it would do a lot for the company. get out of the hot oven. move on.
if you are the one that is making the story get out of the way. alec, he worked for president trump long before what do you think of his messaging. have a conversation every day about they need to get the messaging better. what is your advice for the president. he is remarkably consistent. i give him a lot of credit. he gets a story out there. at this point he has a lot of talented people to turn too. running his own private business. you want to do everything himself. the transition from the private to the public. we have seen that happen before. i think if he used it in a way that was more constructive to the administration there is a
great way to use that. when they bring up things that maybe gets in his own way. we never see how a president thinks before. it has opened up the world and everybody's eyes in what's really going on in washington. it has pluses and minuses. less is more. let's took about your firm. you've had tremendous success. we love talking with entrepreneurs. tell us about your journey. they can share this as well we
maria: welcome banning good thursday morning thanks so much for joining us. i'm maria bartiromo. it is thursday, june 22. your top stories right now 8:00 a.m. on the east coast, the push to repeal and replace obamacare is on. president trump promising big changes at campaign rally last night ahead of senate majority leader mcconnell's later this morning. >> obamacare is a disaster i hope the republican senate -- if we went and got the single greatest health care plan in the history of the world, we would not get one democrat
vote chairs obstructionists. >> renewing call for reform wants to ban firms collecting welfare within five years of entering u.s. nation mourns otto warmbier this morning remembered at funeral in ohio next hour. >> what a story, oil prices this morning looking to rebound, cries oil sliding to lowest level in nearly a year this morning we've got oil up half a percent, 4276. still bear market territory down 20% from high futures around the flatline markets fractionally lower right here dow industrials down 6, nasdaq down 3, in europe, the indices like this today, european indices mixed dax up 2 ft 100 down a third of a percent as cac quarante, in asia overnight, markets finished mostly lower as you see exception of korea virgin mobile exclusive wphone first year will cost only a dollar, a billion-dollar buzz george clooney quest for point of
view tequila massive apple day the company he starting on accident sold for a billion dollars to, diageo, we will tell you about it find out how much money you need to qualify as wealth the numbers coming up all those stories this morning joining me to talk about it realclearpolitics national political reporter, incarcerate lin huey-burns, mitch rochelle, chairman and ceo don peoplels great to see everybody. >> good to see you -- >> making a comment earlier about commercial real estate how do you characterize real estate in new york today what do you think. >> a lot of read froming water retailers on decline, then residential real estate anything below 3 million is on fire. and anything above 3 million -- take longer to sell but still the best real estate market in the country, one of the best in the world. maria: it is a buyer's market if you want to sell home do it now. >> not necessarily more equal
market before it has been a sellr's now more equal in three million or less it is a seller's market. maria: okay. that is what i meant sellers market top dollar bottom line joining the conversation pennsylvania scenario thomas hly copresident sperling here former c.o hewlett-packard carly fiorina is with you the stuart varney will will weigh in a gig hour senate republicans are releasing details of their health care bill, this morning, blake burman at the white house with the very latest blake, good morning to you. reporter: good morning to you as well president trump trump administration often points to iowa, as one of the states that have been impacted the most, by the affordable care act, last night in cedar rapids the president described obamacare as dead as a disaster. however, he also acknowledged the political realities that the senate is currently dealing with. >> so we have a very slim, 52
to 48 that means we basically can't lose anybody. and i think and i hope can't guarantee anything i hope going to surprise you with a really goed plan i have been talking about a plan with hart. >> mitch mcconnell is expected to release senate plan this morning amid compliepts from democrats many republican senators don't know crucial details of the plan "washington post" report aring mcconnell's so-called draft discussion outlines a phasing out of medicaid expansion eliminating funding for planned parenthood, aiming for a vote next week no sure bet has minute 50 votes needed the president is blaming democrats for disengaging from the process. >> they just want to stop they just want to obstruct, a few votes, seriously a few votes from the democrats could be so easy to beautiful. >> white house official tells
me the president is engaging with this process getting his input his ideas what he wants to see, in this senate bill speaking with senate leadership, this white house official tells me that they feel whatever the senate puts forth would be recollect cycle with house bill that be next step after this one, first things first, though senate has to get that bill to the floor, and still remains to be scene if mcconnell has 50 votes, plus the vice president, needed to put this over intelligent. maria: watching, thank you blake burman at the white house, joining us right now, pennsylvania senator pat toomey thanks very much for joining us. >> good morning thanks for having me. >> do you think the votes are in the senate to get a bill to the floor. >> well that is the big question. i don't know the answer. we will see the actual legislative language of the bill i think many of us are pretty well aware of most of the main features but we will have a chance to really scrub it closely get a score frot cbo and then find out whether we've got the votes i think
very close. i hope we will. maria: where is the most disagreement in terms of not getting the vote? where was a sticking point be? >> well, you know, i think a lot of it comes from frustration given the procedural constraints we are operating under the president is exactly right when he says glats object strucking this process no democratic senator is willing to work with us in any fashion on this project because you have too much at stake, in obamacare, they feel so invested in it so we have to use device that allows us to pass legislation with a simply majority instead of 60 votes constrains what we can do for instance, many of us, would like to peel back, many more regulations than this procedure whether or not you say us to do so we have to settle for the best we can, which is pretty extensive but not as far as some would like to go. and so for some might have colleagues i think that is a hard pill to swallow, again, we will see when we get the
legislative language. maria: do you think your colleagues understand the ramifications if not on 2 same page if you don't get health care done if you don't get a bill holds up of tax reform, it creates lots of calls for you not to take a vacation in august? it creates lots of expectations that you are going to lose seats in 2018, that the dems get the house and move to impeach president trump everybody is aware of those -- >> i think everybody is aware and you left a few out. which is given the complete o i am ploegs of obamacare if we can't do this make the reforms we want to make what happens we can't walk away from this. we will have to find out what the democrats are willing to do, and that is going to be big movement to the left they want single payer i think a great deal at stake importantly, we've been promising this seven years. >> senator, one of the big, of
contention among some colleagues is medicaid phase out some have expressed concern about the process of that, what are your conversations like with those colleagues, from ohio, from west virginia from other places, that are concerned about that component? >> well, let me -- let me -- itisan been very mischaracter arrived what we are doing i worked on this extensively first of all, we are going to make object taxpayer medicaid s expansion permanent going to codify it lock it no, it is going to be a permanent part of medicaid this new category of eligibility is going to remain, that is young able boyd adults with no dependents never before, would be eligible for maid obamacare, we will retain the eligibility for those people. what we are going to do is over a seven-year period we will gradually transition from the current 09% federal -- 90%
federal contribution to ordinary share federal government pays for other categories of maid beneficiaries. i think it is paralyze recommend to ask states to pay their fair share for a program that historically has been a shared resistibiliponsibility 8 from now we have a provision that slightly slows down the rate at which medicaid will continue to grow this is a sustainable program i think very reasonable. maria: you said you think that it is fair to ask the states to pay for medicaid, is that -- is that where one of the big disagreements is as well? >> you know, actually not terrible much, i think the argument among republican senators has been how quickly we get to that point i think a broad i don't want to speak for all colleagues by any means i think a fairly broad consensus that it is entirely reasonable to transition to a point where the states are
paying their shair by the way less than half the cost in considerably less in many, many cases, and is the share the states pay for other categories like legalized blind decibeled children pregnant women no, i don't think that has been a main point of condescension. >> mitch? >> senator, does -- just looking at what happened last week or so we see big payers not choosing to be in certain states, even some cases their home state. if that happens in that trend continues over next couple days, and weeks, is that putting more pressure on perhaps democrats to get own bored wi board with plan no health care for individuals in some states. >> you are absolutely right, the status quo is failing, you know people lost the plan they said they were told could keep lost the doctors they wanting to have, in my state of pennsylvania, 40% penceance have a total of one choice that is not a competitive
market, 19 of 24 obamacare coo ops have gone bankrupt, they failed. status quo clearly is not working what we've got is going to halt the bleeding, it is going to stabilize, i think will bring insurance companies back into the markets, because they will see a viable way forward, so let's get hope we get this passed, and start repairing damage done. >> what about tax reform senator where are disagreements of there what is your most important priority as relates to the tax conversation? >> well, for me, it is much lower marginal rates especially on american business, because our corporate our business tax regime is completely uncompetitive, but also really important that we fix the international piece we uniquelyly put multinationals at disadvantage long plan so they can plan on i think we are cable of much, much stronger growths than we've had, if we can get tax reform
done right. maria: what corporate rate would you like to see? 20% or lower. >> i would look if we can get 0% that would be fantastic, i think that would be a tremendous improvement from a 35% rate that we have, we need to make sure that pass-throughs get an equitable treatment, if we do that, and i really hope we can accomplish that. maria: all right. we will leave it there senator good to see you thanks so much pat toomey a step forward against former prison of war sergeant, why jurors face questioning about opinions of president trump. >> how clooney turned h companies into a billion-dollar -- >> ♪ ♪ ♪ crazed.
. . maria: funeral services will be held today for otto warmbier the american student held in north korea for more than a year. cheryl casone with details now cheryl. cheryl: maria residents of wyoming ohio warmbier's hometown gather at high school he attended to say good-byes -year-old student was returned to the united states in a comma last week, and died six days later in prison a year and a half accused of trying
to steal a poster from hotel that is under way in about 45 minutes from now. >> headlines, defense attorneys pretrial hearing for biobergdahl discussing a questionnaire for potential jurors to determine whether they have been influenced by president trump's remarks about former prison of war during last year's campaign the president strongly criticized bergdahl in 2009 held almost five years before being freed by taliban a controversial swap, attorneys developed questions suggesting those were strong views about the president would be unfairly biased, against bergdahl. >> well, he is already an award-winning actor heartthrob new dad george clooney successful start-up investor casamigos tequila brand cofounded with clooney and longtime friend randy gerber
married to cindi crawford being acquired by diageo for billion dollars joyed research at compound in mexico one of the compounds making so much had to get a commercial license to make it was migrato joins tequila brands don julio. >> may be second day of summer in new york winter coming hbo releasing second trailer for "game of thrones". watch. >> centuries our families brought together against the common enemy, like -- ♪ we need to do the same if we can survive. you and me -- ♪ it has always been.
>> internet freaking out about this "game of thrones" season seven returning to hbo july 16th. those are headlines. maria: cheryl did you say that george clooneyy doing tequila research. >> yes. >> and making so much of it, that they had to get a commercial license they starting producing it and then there you go, a company happened. >> research is important thank you. >> yeah breaking news american airlines received a notice qatar airways making a significant investment in the company saying qatar intends to take 10% in american airlines, american airlines shares up 5 3/4% qatar airways making a significant investment in american airlines we agree qatar airways is greet airline named top airline in the world, but buying into american airline at time all this fighting
going on, gulf states cutting their business with qatar say qatar supports terrorism your thoughts? >> if you look what is going on in the airline industry they are getting massive dividend because oil is cheap the business has been very, very attractive they are jumping in when they think right time i hear you on the other side of the issue, raised last hour concern about qatar investments in the u.s. >> if you like u.s. economy they like investing here, so good investment look, the airline industry looks very good now because of -- oil is low if oil rises they get decimated. >> when we come back senate to unveil its plan, to repeal and replace obamacare, how markets are reacting ahead of the news nancy pelosi feeling heat in the house, the growing chorus of democrats calling for house leader to accept down after
maria: welcome back investors waiting deregulation from trump administration gop looking to pass tax reform, by september and the executive orders continue, on rolling back dodd-frank joining me thomas h. lee partners copresident, good to see you. thank you for joining us. >> thank you, maria. maria: will the passing of more rollback in terms of regulation do you think loosen markets how do you see regulation of policy impacting markets. >> i think regulatory reform is one of the major areas of focus that we can still count on from this administration. and it has a very important impact and the ability of companies domiciled in the united states, to be -- highly competitive, and in fact to be
able to stimulate additional growth i think if you look what happened over the course of the last eight years there have been layers of regulation some were required we needed more regulation of certain aspects of the financial services for example if you look what has happened in terms of of the layers of regulation that were imposed not just by congress, but then by the administrative agencies, and then the next layer by people who worked at administrative agencies, and that is what led to high levels of inefficiency in terms of of the impacts of regulations, and decisions being made that did not aid in transparency did not aid making system safer created pressure on companies led to higher cost less efficiency so i do think the regulatory rollback that we're seeing now under the trump administration will be highly stimulative to economy better position us to be competitive in very competitive global world.
maria: is this dictating how you allocate capital tell us about your -- at though will as -- >> doesn't dictate how we allocate capital but does dictate how we help portfolio companies look at areas of opportunity or respond to the regulatory pressures, it does increase the efficiency and, therefore, the ability to invest both in capital goods, and in expansion, both greater, and decisions can be made with a little bit more certainty, as to what the regulatory impacts might be, if you look at the last few years, the enormous uncertainty how regulators might react created level of uncertainty that raised the cost of making more investment in this country. maria: . >> what specifically would you -- focus on immediately? because he has done some limited regulatory reform, financial services industry, but there is a lot more needs
to be done what would be top ones that you think would have a big impact right now. >> so i think one of the things that you are seeing is entire culture and direction of the regulatory overlay, in a wide range of industries, is evolving changing a lot of smart people at regulatory agencies, if they know that there is a -- there are certain boundaries within which they need to operate in other words,, if you arerating health care sector the ability to stick with regulations that congress has passed and with the laws congress has passed the regulations that administrative administration has put down, actually very helpful to the people in that in that world, to compete in that world same thing in financial services, much of the uncertainties that we have to deal with was not knowing how the regulator as an individual was going to interpret and impose on that industry.
that is an enormous cost because it we don't we didn't know what the rules of the road would be and therefore as you make decisions, it added layers of -- uncertainty to it. maria: is it a slam-dunk to see amazon acquire whole foods or get or or making am don bigger than it is going to raise a red flag for regulatory. >> my sense is that traditional antitrust regulation would not limit amazon's ability in this area amazon clearly looking at being about able to take that enormous logistic system that whole foods brings, for a wide range of products where, systems weren't set up to handle, that is one of the big advantages for them having whole foods. you know. the obviously, the super market industry is a very large one, and there are a lot of players and whole foods when you look at store count isn't a big percentage of that
industry so hard to argue that there is significant traditional antitrust regulations or laws that would limit amazon's ability to make that acquisition. maria: makes sense i just thought since talking about regulation that is one of the biggest deals looking at scott great to see you the you so much copresident of thomas h. lee tough talk on immigration president trump renews push to build the wall appropriation new rules for immigrants. >> will deal of a lifetime sufrg free year of do at for one dollar there is a cat ch we've got the details after this break, back in a moment.
stock to watch american airlines in focus stock up company announced it received unslistedz offer from qatar airways it intends to take a stake of 10% in american airlines what have to deal maintenance to the industry coming up a time a o lot of criticism around qatar futures indicating a lower opening for the broader averages dow industrials set to open down 10 appoints nasdaq down 3 points in europe market wicker take a look dax is higher, in germany up just a fraction, a squeaker of a move ft 100 down a third of a percent as cac quarante in paris. in asia overnight, markets finished mostly lower with exception of korea, worst performer china shanghai composite down a quarter of a
percent what with an a dollar get you unlimited data for a year details behind massive deal virgin mobile is offering this morning, how much makes you rich the amount of cash americans say they need to feel wealthy. all that coming up first our top story this half an hour, cracking down on immigration telling a crowd in iowa he will ask congress to pass legislation that cracking down on new immigrants receiving public assistance, listen. >> i believe the time has come for new immigration rules which say those seeking admission into our country must be able to support themselves financially, and should not use welfare for a period of at least five years. [cheers and applause] >> joining right now fox business exclusive a former hpco, former republican presidential candidate carly
fiorina good to is he you thank you so much for joining us what this be necessary how do you see this bill? >> well, president trump obviously this is a signature issue for him an issue of great importance, to his base and we have a number of laws on the books already. that accomplish much of what president trump is calling for here it is just not enforced, part of what he is talking about is lets enforce laws and regulations that we have, his talk about the border wall a signature issue one there has not been much progress on. i think he needed to reassure his supporters that he intends to continue to make progress on these signature issues. on the other hand i have to say honestly, that, you know, substantial change always inspires substantial resistance, and so leaders need to build support. and so these are signature issues also divisive issues so as a matter of priority i wish honestly he would talk as much or more about how the health
care reform bill is going to help americans, and how tax reform will get the economy going even more strongly, because those are unifying issues around which he can build support. >> what about the fact these are unifying issues everybody wants the country to move forward but there is no participation on the xa democrats side right? he said a number of times, congress republican senators have said it they are not getting any participation in terms of vote. >> and they won't. >> what do you do? >> well, i think two things first of all, i think republicans need to pass a bill, but, more importantly, than that, the thing is health care is very personal to people. the health is very personal to people most people are not concerned about the political back-and-forth who is winning who is losing what they are concerned about is can i get health care. and so the second that bill passes, which may be a first step in health care reform, no the the last step in health care reform, i hope the president and every republican
will go out and sell the plan, what is in it what does it mean for an american family. not what does it mean for them politically in washington, d.c., what does it mean to the american people, because people don't know. and they are concerned. >> they have a problem, in terms of messaging, and communicating, what this means. >> they are not communicating, honestly they are trying to get votes i understand that, but this is about more than a political win you have. maria: you are absolutely right so important to explain to people how it is impacting health care. >> that is right. maria: about health care, it didn't take long for blame game to begin with democrats after the loss in georgia special election this week, just hours after the results came in rank-and-file democrats began pointings fingers at house jiernt leader pelosi calling for removal listen to this. >> it is clear that i think, across the board in the democratic party we need new leadership time for new generation of leadership in the party, i don't know that it is possible, at this point, to change our party leadership
but i think it is time to change, and these election results frankly show that. maria: meanwhile, another house democrat selling politico i think you have to an idiot to think we would win house with pelosi at the top, carly what is your take do you think that is true that pelosi is holding back democrats. >> i think pelosi is a very divisive figure has been a very long time she is a great fund-raising vehicle for the republican party and has been -- for a long time. maria: you are right. >> on the other hand i think the more -- cogent point for democrats to understand is they don't have a program, it is not enough to criticize trump hillary clinton learned that every same one of special elections with a was the program? we don't like trump, well, but whether what do you actually offer the american people in terms of improving their lives, you have heard some democrats say that look i am no fan of nancy pelosi frankly i think there are a lot of people on the progressive end of the democrat party want to
move pelosi because they think she is not progressive enough shocking as that may sound, she actually defended pro-life democrats saying they should not be driven from party can you imagine? so being think she is not progressive enough but the point is they need a program, and they don't have a program criticizing republicans isn't enough of a program. >> even running for president you had a plan to create jobs. >> yes. maria: you talk about energy a lot about oil being a growth story for america, but you had a message of economic growth, the way president trump has -- what was their message. >> you see this is the problem, fundamentally their policies retarred economic growth the more progressive they become more policies retarred economic growth more regulation retards growth, more big government retards growth, more taxes retards growth so the truth is they don't have a program to talk
about what do they talk about? they attack others, but it is not a winning strategy, the american people have gotten smart not just in white house. in presidento's term the democratically party loss a thousand positions across the country governors senators, statehouse people they don't have a program until they get real about that, they can change leadership all they want. maria: the money into it democratic party had worst fund raising since may 203 raised 4. million dollars last month republican national committee more than doubled that record high amount in off year, carly, so do you think that the voters are have figured out that this is the party of no, the democrats, this is the party that is obstructing an agenda that america voted for. >> yes. >> hold them tot. >> i do on the other hand i think republicans the president need to be cautious here and understand the american people want results.
it is why president trump is in office. 80% of the american people this has been true for years, think we have a professional class of politicians who care more about their pour position prestige than getting people's work done has been true for a long time, and so what the american people want is results that show up in their lives, and so republicans need to produce results. maria: write you think they will be able to do that this year health care they are saying a bill next week tax reform saying after summer do you believe it applying it. >> i hope so because, health care reform is vital for lives as well as growth of our economy tax reform incredibly vital by the way issues that unifier american people the majority of american people understand obamacare is failing, the majority of american people understand we need lower tax rates less complexity in the tax code, we can agree on these things, that is why i think these should be priority items. >> president rolled out
proposal for border wall wall along u.s.-mexico border last night gave himself credit for the idea watch this. >> we are thinking about buildings the wall as solar wall so it creates energy and pays for itself. >> solar wall makes sense let's see we're working it out we will see solar wall panels beautiful, i mean actually think of it higher it go he is the more valuable it is like -- pretty good imagination, right? my idea. maria: good idea? >> well, i think it is a more realistic idea than mexico paying for the wall i don't think that is going to happen. and perhaps the president is figured out that is not going to happen it is an interesting idea, let's see. i happen to think that technology can deal with a lot of this, that we don't need a fulfill barrier all the way across a thousand plus mile border i think enforcement of
the law can help a lot but whether, hey it is not a bad idea, again, ideas are great, results are better. and the american people want results. maria: you have always shown to bea accountable, do you think usual going to run again carly a lot of people want to know what your plans are. >> well we will see, look. it was a privilege to run for president, i do believe in citizen government i think we need more citizens to step up, and run for public office. and so i certainly would consider it but you know you have to have the right context right opportunity so we will see i will remain politically engaged for sure. maria: let me ask you this the white house is having a tech week this week do you -- you talked about this fair amount actually at debate i remember you saying look i am in technology world i understand making things more feshth is there a lot of low hanging fruit in terms of technology enabling government to work more efficiently. >> absolutely governmentisms
woefully behind i know that having done advisory work in cia department of defense state department, woefully inadequate some cases decades o old, however, the issue is frequently the procurement process what it takes to get through a "good day" mandates procurement process causes all kinds of problems including upgrading technology systems so you have to look at the problem holistically not that people don't understand the technologies behinds it is how do you go about getting new technology yes, there is huge room for improvement there. maria: we will see what comes out of that meeting of tech week, great to see you -- >> great to you with you, we will take a short break when we come back a lot more "mornings with maria". stay with us.
exchange hey. >> good morning, everybody. you had tom followly president of new york stock exchange great interview that is right a huge ipo in fact second largest of the year biggest since telecom tech boom of 2000 everybody will be watching very closely 30 dollars a share huge demand 1.9 billion dollars raised that is something we will watch right at the opening bell, then probably won't open for a while morgan stanley is lead on that one take a look also american airlines surging little controversial because qatar airways is interested in 10% stake american airlines tried very hard to play persian gulf corroborative overall qatar under scrutiny for possible support of terrorism premarket american, 5.3% the board went out of way to say "no" changes in the
composition management or strategic development last but not least story on virgin mobile under sprint time to woo verizon customers away like they did with t-mobile last week this one a dollar just a dollar, hey the catch is aby iphone from them or apple, and you have to do it by july 31, and if you talk too much or use too much they slow you down if you really see the limits maria, just go exceed limits about toing to shut you off. >> the line to in oil prices has been a boon for drivers enjoying cheapet gasoline at start of summer 12 years how long does it last joining me host of "varney & company", stuart varney i know you are happy about prices. >> yes, i am happy about these prices, you know what maria, i have made a very rash prediction. i have said that by end of this month that will be next friday, june 30, there will be six states where the average price within those states is
below $2 a gallon, at the moment south carolina is at a 1.95 oklahoma 1.99, there are four other states between 2.01, 2.04 so i am on track to get this right the drivers will receive is a bonanza in six states by the end of this month. however, the rate of decline of gas prices has really slowed down, even though oil has come all the way down to 42 dollars a barrel i am kind of at sea was hoping could you help me out. maria: we will see how long it lasts stu i mean i just -- i don't know i feel like because of all the production in this country, and the u.s. becoming as powerful as it is in terms of energy, production, but oil prices probably stay low for a long time. maria: . >> i agree american frackers keep fracking putting stuff out doesn't matter whether saudis cut production or opec
cuts production american frackers make up the deficiency i think you are right oil down in low 40s sometime to come, that is why i am saying motorists get a button nana this season. >> good point stu thank you see you in 10 minutes, "varney & company" top of the mower 9:00 a.m. eastern after "mornings with maria" join stuart in the effects 10 minutes, first, coming up next putting a price tag on wealth how much do you need to earn to be considered rich? in america? back in a minute.
you might want to consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like any medicare supplement insurance plan, these help pick up some of what medicare doesn't pay. and, these plans let you choose any doctor or hospital that accepts medicare patients. you could stay with the doctor or specialist you trust... or go with someone new. you're not stuck in a network... because there aren't any. so don't wait. call now to request your free decision guide and find the aarp medicare supplement plan that works for you. there's a range to choose from, depending on your needs and your budget. rates are competitive. and they're the only plans of their kind endorsed by aarp. like any of these types of plans,
they let you apply whenever you want. there's no enrollment window... no waiting to apply. so call now. remember, medicare supplement plans help cover some of what medicare doesn't pay. you'll be able to choose any doctor or hospital that accepts medicare patients. whether you're on medicare now or turning 65 soon, it's a good time to get your ducks in a row. duck: quack! call to request your free decision guide now. because the time to think about tomorrow is today. maria: welcome back to be considered wealthy higher americans say you need nearly 2.5 million dollars to be considered rich wording to
charles schwab, joining us author of retire inspired good to see you -- >> good to see you. >> people used to my a millionaire was wealthy. >> americans are factor areing in something i teach people not to have that is debt. i think when starting to look at wealth they are counting debt service how much they need to pay payments car payments mortgages, however, i think there is a different view of wealthy if you are out of debt. i mean if you have 750,000 put away in 4 o 1k don't owe anybody i consider you wealthy because you are standard of living changed. >> how can that -- change your standard of living? because you start eroding the principal so isn't the idea to basically focus on being able to create income generating activity to create wealth because you want your money to work and be as productive as you are as human being money should be more productive than you i am on tv about it got a
company that with a lot of people working to create wealth for me i think isn't that the way that wealth is created? >> yes, sir, absolutely i think with compound interest we can build weighting the factor of debt the thing we have to really look at acknowledge on average people have 24% of income going out to consumer debt, so let's say that money is not the going out to debt but now going into your 401(k) or ira, you have an opportunity to build more if you don't have money leading you out for debt. >> one thing that talking about financial literacy i worry we don't do enough in the schools to talk about wealth and basic of savings what do you think can be done across the country to make sure that this is something else the next generation understands? >> well i couldn't agree more i think very, very vital, we have a foundation in personal finance class in middle schools high schools we've got to give students understanding how this stuff works, because
if you don't understand how money works what happens is you can become, well, a victim to debt and to other things that steal your he money so i think we definitely need to educate our youth, help them ns how it works how they can win taking some simply steps. maria: most -- when they do fight about money it is about parents, according to, 15% have conflicts over finances but 16% say biggest issues involve parents money top problem krooitsdz how inheritance is divided. >> it really does, but it is one was things people waiting on inheritance to improve their financial situation that is wrong path who wants to say i am waiting on mom or dad to pass away so i get money it is staggering, sad. maria: it is a good point that you make because you see some changes coming with the tax reform package that we
could get i wanted to ask you about that. because, don, early talking about what this means for real estate. >> look. >> if they do away with estate tax what happens. >> doesn't that allow people especially lower income and middle income families to start preserving wealth would that be good in terms of building wealth. >> another opportunity i think goes back to the basics we can't complicate this it is about understanding your income having a budget and saving money, that is the key to billed wealth. >> thank you so much great insights as always from you we appreciate it. >> thank you. >> we will be right back final thoughts. here comes the fun with sea-doo ♪ sea-doo has the most affordable watercraft on the market
starting at just $5,299 and up to $500 rebate visit sea-doo.com today just imagine if all were constantly thinking. always on the lookout for patterns and connections to make everything work better. i call it the internet of everything, but it's really the internet of everyday life. ♪ the partnership between dell technologies and sap helps make the promise of the internet of things a reality for our customers. we know how powerful live data can be. we use sap at dell to run everything from finance to procurement to travel expenses. and that's the same kind of live insight we can now start offering to all of our customers. and as we get better information, better insights, it can improve virtually every aspect of society and the economy. that's the opportunity of our generation.
>> great panel, everybody. here is stuart, take it away. >> great panel, everybody. here is stuart, take it away. >> the president leaves the swamp and rallies ishe base. they like him and like his program. now, the push iso get it done. gooenmorning, everyone, quite a night in iowa. thousands turned out iso see ise thikm republican victories, he was in campaign mode. fowadi iso on ishe ewayhu, tasw s se criked. the trump based program. today half hourpthikm lie h in closhtam.owikedmeogh o bliitch mcconnell is going to outline the health care plid. ãaheblihtia is goi iso isoalate